2013 Q2 Form 10-K Financial Statement

#000005524214000020 Filed on August 13, 2014

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q4
Revenue $671.4M $655.4M $633.1M
YoY Change -9.17% -5.89% -1.34%
Cost Of Revenue $442.7M $446.9M $433.7M
YoY Change -6.68% -0.69% 5.82%
Gross Profit $228.7M $208.5M $199.4M
YoY Change -13.65% -15.4% -13.99%
Gross Profit Margin 34.06% 31.81% 31.5%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.30M $29.00M $26.80M
YoY Change -5.35% 10.69% 12.61%
% of Gross Profit 12.37% 13.91% 13.44%
Operating Expenses $138.1M $128.3M $127.8M
YoY Change -6.31% -7.61% -5.04%
Operating Profit $90.61M $74.97M $66.47M
YoY Change -22.85% -27.42% -29.32%
Interest Expense -$7.000M $7.504M $6.970M
YoY Change -17.65% -6.24% 32.61%
% of Operating Profit -7.73% 10.01% 10.49%
Other Income/Expense, Net -$1.800M -$749.0K -$655.0K
YoY Change 350.0% -254.12% -152.07%
Pretax Income $81.70M $66.72M $58.84M
YoY Change -24.77% -30.34% -34.65%
Income Tax $19.50M $12.34M $15.54M
% Of Pretax Income 23.87% 18.5% 26.4%
Net Earnings $60.82M $53.92M $42.14M
YoY Change -29.32% -28.59% -42.82%
Net Earnings / Revenue 9.06% 8.23% 6.66%
Basic Earnings Per Share $0.77 $0.68 $0.53
Diluted Earnings Per Share $0.76 $0.67 $0.52
COMMON SHARES
Basic Shares Outstanding 78.74M shares 79.29M shares 79.71M shares
Diluted Shares Outstanding 80.62M shares 80.99M shares

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $377.3M $322.1M $216.8M
YoY Change 223.86% 156.65% 68.72%
Cash & Equivalents $377.3M $322.1M $216.8M
Short-Term Investments
Other Short-Term Assets $48.33M $48.49M $56.15M
YoY Change 0.0% -55.59% -51.3%
Inventory $578.8M $575.9M $619.5M
Prepaid Expenses
Receivables $445.3M $442.5M $412.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.499B $1.442B $1.356B
YoY Change 0.0% 7.05% 11.2%
LONG-TERM ASSETS
Property, Plant & Equipment $741.5M $728.1M $737.6M
YoY Change 0.0% -1.57% 12.22%
Goodwill $721.8M $718.8M $727.6M
YoY Change 0.33%
Intangibles $222.8M $226.7M $234.2M
YoY Change 0.0%
Long-Term Investments $700.0K $700.0K $700.0K
YoY Change 0.0% -12.5% 0.0%
Other Assets $75.30M $22.47M $22.51M
YoY Change 0.0% -81.94% -80.7%
Total Long-Term Assets $1.802B $1.717B $1.744B
YoY Change 17.39% -7.28% 22.41%
TOTAL ASSETS
Total Short-Term Assets $1.499B $1.442B $1.356B
Total Long-Term Assets $1.802B $1.717B $1.744B
Total Assets $3.301B $3.159B $3.101B
YoY Change 8.79% -1.24% 17.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $190.6M $153.0M $155.4M
YoY Change 0.0% -31.58% -20.75%
Accrued Expenses $88.43M $76.67M $71.15M
YoY Change 0.0% -18.52% -9.25%
Deferred Revenue
YoY Change
Short-Term Debt $40.60M $43.30M $2.400M
YoY Change -2.4% 6085.71% -7.69%
Long-Term Debt Due $3.600M $3.800M $200.0K
YoY Change -86.76% -98.86% -99.93%
Total Short-Term Liabilities $467.6M $404.3M $362.5M
YoY Change 0.0% -52.67% -51.39%
LONG-TERM LIABILITIES
Long-Term Debt $703.6M $703.9M $704.2M
YoY Change 43.42% 129.66% 43912.5%
Other Long-Term Liabilities $24.82M $29.90M $30.52M
YoY Change 0.0% -82.16% -83.51%
Total Long-Term Liabilities $24.82M $29.90M $30.52M
YoY Change 0.0% -93.69% -83.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $467.6M $404.3M $362.5M
Total Long-Term Liabilities $24.82M $29.90M $30.52M
Total Liabilities $1.489B $1.405B $1.356B
YoY Change 0.0% -5.02% 31.09%
SHAREHOLDERS EQUITY
Retained Earnings $1.399B $1.351B $1.310B
YoY Change 0.0%
Common Stock $471.6M $507.2M $520.1M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.782B $1.722B $1.720B
YoY Change
Total Liabilities & Shareholders Equity $3.301B $3.159B $3.101B
YoY Change 0.0% -1.24% 17.24%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q4
OPERATING ACTIVITIES
Net Income $60.82M $53.92M $42.14M
YoY Change -29.32% -28.59% -42.82%
Depreciation, Depletion And Amortization $28.30M $29.00M $26.80M
YoY Change -5.35% 10.69% 12.61%
Cash From Operating Activities $133.8M $96.20M $51.10M
YoY Change 6.7% 3.33% -34.74%
INVESTING ACTIVITIES
Capital Expenditures -$29.00M -$19.40M -$18.60M
YoY Change -31.44% -22.71% -45.29%
Acquisitions
YoY Change
Other Investing Activities $500.0K $1.000M $200.0K
YoY Change -86.11% -100.26% -77.78%
Cash From Investing Activities -$28.50M -$18.40M -$18.40M
YoY Change -26.74% -95.45% -44.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -54.30M 33.40M 69.80M
YoY Change -36.27% -88.91% -672.13%
NET CHANGE
Cash From Operating Activities 133.8M 96.20M 51.10M
Cash From Investing Activities -28.50M -18.40M -18.40M
Cash From Financing Activities -54.30M 33.40M 69.80M
Net Change In Cash 51.00M 111.2M 102.5M
YoY Change 3823.08% -1200.99% 208.73%
FREE CASH FLOW
Cash From Operating Activities $133.8M $96.20M $51.10M
Capital Expenditures -$29.00M -$19.40M -$18.60M
Free Cash Flow $162.8M $115.6M $69.70M
YoY Change -2.92% -2.2% -37.93%

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2029
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2029
CY2014Q2 us-gaap Defined Benefit Plan Year That Rate Reaches Ultimate Trend Rate
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100000 USD
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-2600000 USD
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2405000 USD
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59160000 USD
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400000 USD
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IncomeTaxExpenseBenefit
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6900000 USD
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1200000 USD
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3546000 USD
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942000 USD
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3810000 USD
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-30692000 USD
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80083000 USD
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136489000 USD
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93313000 USD
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2515000 USD
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2852000 USD
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2191000 USD
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4110000 USD
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4051000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
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1593000 USD
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1515000 USD
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1385000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits Research
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4141000 USD
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49393000 USD
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55728000 USD
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51098000 USD
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13748000 USD
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10891000 USD
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45041000 USD
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949000 USD
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5310000 USD
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16842000 USD
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17733000 USD
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10733000 USD
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137602000 USD
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308129000 USD
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671000 USD
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30800000 USD
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495000 USD
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685000 USD
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CY2014 us-gaap Lease And Rental Expense
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CY2013Q2 us-gaap Liabilities
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1488746000 USD
CY2013Q2 us-gaap Liabilities And Stockholders Equity
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3301039000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
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467593000 USD
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530000 USD
CY2014Q2 us-gaap Liabilities Fair Value Disclosure
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15053000 USD
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations
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CY2014Q2 us-gaap Long Term Debt Current
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978900000 USD
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7500000 USD
CY2014Q2 us-gaap Machinery And Equipment Gross
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1638215000 USD
CY2013Q2 us-gaap Machinery And Equipment Gross
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1466942000 USD
CY2013Q2 us-gaap Minority Interest
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30467000 USD
CY2014Q2 us-gaap Minority Interest
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32352000 USD
CY2014 us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NATURE OF OPERATIONS</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Kennametal Inc. delivers productivity solutions to customers seeking peak performance in demanding environments. We provide innovative wear-resistant products, application engineering and services backed by advanced material science serving customers across diverse sectors of industrial production, transportation, earthworks, energy, infrastructure and aerospace. Our solutions are built around industry-essential technology platforms, including precision-engineered metalworking tools and components, surface technologies and earth cutting tools that are mission-critical to customer operations battling extreme conditions associated with wear fatigue, corrosion and high temperatures. The Company's reputation for material and industrial technology excellence, as well as expertise and innovation in development of custom solutions and services, contributes to our leading position in our primary industrial and infrastructure markets. End users of our products include manufacturers, metalworking suppliers, machinery operators and processors engaged in a diverse array of industries, including the manufacture of transportation vehicles and systems; machine tool, light machinery and heavy machinery industries; airframe and aerospace components and systems, defense; as well as producers and suppliers in equipment-intensive operations such as coal mining, road construction, quarrying, oil and gas exploration, refining, production and supply.</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our product offering includes a wide selection of standard and customized technologies for metalworking, such as sophisticated metal cutting tools, tooling systems and services, as well as advanced, high-performance materials, such as cemented tungsten carbide products, super alloys, coatings and investment castings to address customer demands. We offer these products through a variety of channels to meet customer-specified needs. We are a leading global supplier of tooling, engineered components and advanced materials consumed in production processes. We believe we are one of the largest global providers of consumable metal cutting tools and tooling supplies.</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We specialize in developing and manufacturing metalworking tools and wear-resistant engineered components and coatings using a specialized type of powder metallurgy. Our metalworking tools are made of cemented tungsten carbides, ceramics, cermets and super-hard materials. We also manufacture and market a complete line of tool holders, tool-holding systems and rotary-cutting tools by machining and fabricating steel bars and other metal alloys. In addition, we produce specialized compacts and metallurgical powders, as well as products made from tungsten carbide or other hard materials that are used for custom-engineered and challenging applications, including mining and highway construction, among others. Further, we develop, manufacture and market engineered components and surface technology solutions with proprietary metal cladding capabilities, as well as process technology and materials that focus on component deburring, polishing and effecting controlled radii. </font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unless otherwise specified, any reference to a &#8220;year&#8221; is to a fiscal year ended June&#160;30. When used in this annual report on Form 10-K, unless the context requires otherwise, the terms &#8220;we,&#8221; &#8220;our&#8221; and &#8220;us&#8221; refer to Kennametal Inc. and its subsidiaries.</font></div></div>
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
270408000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
52147000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
131299000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-80698000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-740174000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
271873000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
284150000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
289580000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
203265000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
307230000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
158366000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
46390000 USD
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
42142000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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14165000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
53916000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
24209000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
37837000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3651000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3832000 USD
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3603000 USD
CY2012 us-gaap Operating Expenses
OperatingExpenses
561490000 USD
CY2014 us-gaap Operating Expenses
OperatingExpenses
589768000 USD
CY2013 us-gaap Operating Expenses
OperatingExpenses
527850000 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
296394000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
416409000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
263432000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
21600000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2200000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3800000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
8600000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
14300000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
24000000 USD
CY2013Q2 us-gaap Other Assets
OtherAssets
1060084000 USD
CY2014Q2 us-gaap Other Assets
OtherAssets
1458432000 USD
CY2013Q2 us-gaap Other Assets Current
OtherAssetsCurrent
48333000 USD
CY2014Q2 us-gaap Other Assets Current
OtherAssetsCurrent
64089000 USD
CY2013Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
75303000 USD
CY2014Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
98179000 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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-11990000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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39376000 USD
CY2012 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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-90686000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
25000000 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-3900000 USD
CY2012 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-50600000 USD
CY2013 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
48537000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
18702000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
31763000 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-140797000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
9223000 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-5100000 USD
CY2014 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
634615000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1700000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1200000 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
61658000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
22873000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-1377000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-1987000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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186000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-1200000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-900000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
100000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-9679000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-5964000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-2184000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
5500000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
30000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
500000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-611000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-11165000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-706000 USD
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OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-400000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-7000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-400000 USD
CY2013Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
124747000 USD
CY2014Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
158903000 USD
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
41796000 USD
CY2013Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
24817000 USD
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OtherLongTermDebt
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CY2014Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
15000 USD
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15000 USD
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OtherNonoperatingIncomeExpense
775000 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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22516000 USD
CY2013Q2 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
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19461000 USD
CY2014Q2 us-gaap Other Sundry Liabilities Current
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106194000 USD
CY2013Q2 us-gaap Other Sundry Liabilities Current
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88199000 USD
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
379000 USD
CY2012 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1447000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2014 us-gaap Payments For Restructuring
PaymentsForRestructuring
5435000 USD
CY2012 us-gaap Payments To Acquire Businesses Gross
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382562000 USD
CY2013 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
500000 USD
CY2013 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2014 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2012 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
10000000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
103036000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
43631000 USD
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PaymentsOfDividendsCommonStock
56436000 USD
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PaymentsOfDividendsCommonStock
51011000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
117376000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
82835000 USD
CY2014Q2 us-gaap Percentage Of Lifo Inventory
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0.43
CY2013Q2 us-gaap Percentage Of Lifo Inventory
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0.52
CY2014Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2013Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2014Q2 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2013Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
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CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
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CY2013 us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
0 USD
CY2014 us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
10225000 USD
CY2012 us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
0 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2012 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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CY2012 us-gaap Proceeds From Payments For Other Financing Activities
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CY2014 us-gaap Proceeds From Payments For Other Financing Activities
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1214000 USD
CY2013 us-gaap Proceeds From Payments For Other Financing Activities
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CY2013 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-23600000 USD
CY2012 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
27200000 USD
CY2014 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-3600000 USD
CY2014 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
31568000 USD
CY2013 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
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CY2012 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
38198000 USD
CY2013 us-gaap Proceeds From Sale Of Interest In Corporate Unit
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26665000 USD
CY2012 us-gaap Proceeds From Sale Of Interest In Corporate Unit
ProceedsFromSaleOfInterestInCorporateUnit
0 USD
CY2014 us-gaap Proceeds From Sale Of Interest In Corporate Unit
ProceedsFromSaleOfInterestInCorporateUnit
0 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3016000 USD
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6886000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1236000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
162198000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
310833000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
206916000 USD
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741482000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
2589373000 USD
CY2013 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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11056000 USD
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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4171000 USD
CY2014 us-gaap Repayments Of Long Term Debt
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450928000 USD
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1324426000 USD
CY2013 us-gaap Repayments Of Long Term Debt
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736562000 USD
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
39700000 USD
CY2012 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
38300000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
44000000 USD
CY2014 us-gaap Restructuring And Related Cost Incurred Cost
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19083000 USD
CY2014 us-gaap Restructuring Charges
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17789000 USD
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0 USD
CY2014Q2 us-gaap Restructuring Reserve
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9002000 USD
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-3408000 USD
CY2014 us-gaap Restructuring Reserve Translation Adjustment
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56000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1399227000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1501157000 USD
CY2014 us-gaap Revenues
Revenues
2837190000 USD
CY2012 us-gaap Revenues
Revenues
2736246000 USD
CY2013 us-gaap Revenues
Revenues
2589373000 USD
CY2012 us-gaap Sales Revenue Net
SalesRevenueNet
2736246000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
629459000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
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CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
2837190000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
689936000 USD
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
671410000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
619808000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
655360000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
21500000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
17641000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
21874000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P3Y
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1475761 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
31.00
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
40699 shares
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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2161000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.95
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.40
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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3813000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
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39.47
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
346127 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
27927000 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2729068 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2264824 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
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27807000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2236967 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
33.85
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y8M7D
CY2014Q2 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
72455000 USD
CY2013Q2 us-gaap Short Term Bank Loans And Notes Payable
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40581000 USD
CY2014Q2 us-gaap Short Term Debt Weighted Average Interest Rate
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0.015
CY2013Q2 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.021
CY2014Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Lower Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeLowerBound
400000 USD
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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CY2013 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
2065000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
1929256000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
1781826000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1812293000 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1961608000 USD
CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1668221000 USD
CY2012 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
9000000 USD
CY2014 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
2200000 USD
CY2013 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
4200000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7298000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
20366000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
26798000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
6982000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
-1134000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
116000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
-82000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
23231000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1461000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1300000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
700000 USD
CY2014 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
800000 USD
CY2014 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
7000000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2400000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4300000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
6400000 USD
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">USE OF ESTIMATES IN THE PREPARATION OF FINANCIAL STATEMENTS</font><font style="font-family:inherit;font-size:10pt;"> In preparing our consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP), we make judgments and estimates about the amounts reflected in our financial statements. As part of our financial reporting process, our management collaborates to determine the necessary information on which to base our judgments and develop estimates used to prepare the financial statements. We use historical experience and available information to make these judgments and estimates. However, different amounts could be reported using different assumptions and in light of different facts and circumstances. Therefore, actual amounts could differ from the estimates reflected in our financial statements. </font></div></div>
CY2014 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
ValuationAllowancesAndReservesReservesOfBusinessesAcquired
-2000000 USD
CY2013 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
ValuationAllowancesAndReservesReservesOfBusinessesAcquired
3400000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80612000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79667000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81439000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80216000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79463000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78678000 shares
CY2013Q2 kmt Accrued Employee Benefits Current Liabilities
AccruedEmployeeBenefitsCurrentLiabilities
21663000 USD
CY2014Q2 kmt Accrued Employee Benefits Current Liabilities
AccruedEmployeeBenefitsCurrentLiabilities
27306000 USD
CY2014Q2 kmt Accrued Payroll State And Local Taxes Current
AccruedPayrollStateAndLocalTaxesCurrent
16401000 USD
CY2013Q2 kmt Accrued Payroll State And Local Taxes Current
AccruedPayrollStateAndLocalTaxesCurrent
14885000 USD
CY2012 kmt Dividend Reinvestment And Employee Benefit And Stock Plans
DividendReinvestmentAndEmployeeBenefitAndStockPlans
24635000 USD
CY2013 kmt Dividend Reinvestment And Employee Benefit And Stock Plans
DividendReinvestmentAndEmployeeBenefitAndStockPlans
17356000 USD
CY2012 kmt Dividends Per Share
DividendsPerShare
0.54
CY2014 kmt Dividends Per Share
DividendsPerShare
0.72
CY2013 kmt Dividends Per Share
DividendsPerShare
0.64
CY2014 kmt Eligible Age For Availing Postretirement Healthcare Benefits
EligibleAgeForAvailingPostretirementHealthcareBenefits
55
CY2013Q2 kmt Equity Income Loss
EquityIncomeLoss
42000 USD
CY2012Q2 kmt Equity Income Loss
EquityIncomeLoss
7000 USD
CY2014Q2 kmt Equity Income Loss
EquityIncomeLoss
84000 USD
CY2014 kmt Exercisable Period For Capital Stock Options
ExercisablePeriodForCapitalStockOptions
P10Y
CY2013 kmt Export Sales From Us Operations To Unaffiliated Customers
ExportSalesFromUsOperationsToUnaffiliatedCustomers
102100000 USD
CY2014 kmt Export Sales From Us Operations To Unaffiliated Customers
ExportSalesFromUsOperationsToUnaffiliatedCustomers
82200000 USD
CY2012 kmt Export Sales From Us Operations To Unaffiliated Customers
ExportSalesFromUsOperationsToUnaffiliatedCustomers
102100000 USD
CY2014 kmt Changeinaccountspayablerelatedtopurchasesofpropertyplantandequipment
Changeinaccountspayablerelatedtopurchasesofpropertyplantandequipment
-2100000 USD
CY2013 kmt Changeinaccountspayablerelatedtopurchasesofpropertyplantandequipment
Changeinaccountspayablerelatedtopurchasesofpropertyplantandequipment
8600000 USD
CY2012 kmt Changeinaccountspayablerelatedtopurchasesofpropertyplantandequipment
Changeinaccountspayablerelatedtopurchasesofpropertyplantandequipment
0 USD
CY2014 kmt Conditions For Investments In Entities Accounted For Equity Basis
ConditionsForInvestmentsInEntitiesAccountedForEquityBasis
0.50
CY2014 kmt Conditions For Investments In Entities Accounted For On Cost Basis
ConditionsForInvestmentsInEntitiesAccountedForOnCostBasis
0.50
CY2014 kmt Conditions Of Shipment Are Considered To Have Occurred Unless Written Notice Of Objection Is Received
ConditionsOfShipmentAreConsideredToHaveOccurredUnlessWrittenNoticeOfObjectionIsReceived
10
CY2012 kmt Deferred International Income Tax Expense Benefit
DeferredInternationalIncomeTaxExpenseBenefit
10861000 USD
CY2014 kmt Deferred International Income Tax Expense Benefit
DeferredInternationalIncomeTaxExpenseBenefit
13024000 USD
CY2013 kmt Deferred International Income Tax Expense Benefit
DeferredInternationalIncomeTaxExpenseBenefit
-15152000 USD
CY2014Q2 kmt Deferred Tax Asset Relatedto Foreign Tax Position Recordedin Us
DeferredTaxAssetRelatedtoForeignTaxPositionRecordedinUS
22500000 USD
CY2014Q2 kmt Deferred Tax Liabilities Tax Depreciation In Excess Of Book
DeferredTaxLiabilitiesTaxDepreciationInExcessOfBook
107171000 USD
CY2013Q2 kmt Deferred Tax Liabilities Tax Depreciation In Excess Of Book
DeferredTaxLiabilitiesTaxDepreciationInExcessOfBook
107623000 USD
CY2013Q2 kmt Definedbenefitplandebtsecurity
Definedbenefitplandebtsecurity
0.61
CY2014Q2 kmt Definedbenefitplandebtsecurity
Definedbenefitplandebtsecurity
0.63
CY2014Q2 kmt Definedbenefitplanequitysecurity
Definedbenefitplanequitysecurity
0.34
CY2013Q2 kmt Definedbenefitplanequitysecurity
Definedbenefitplanequitysecurity
0.34
CY2013Q2 kmt Definedbenefitplanotherplanasset
Definedbenefitplanotherplanasset
0.05
CY2014Q2 kmt Definedbenefitplanotherplanasset
Definedbenefitplanotherplanasset
0.03
CY2014 kmt Definedbenefitplantargetallocationpercentageofassetsdebtsecurity
Definedbenefitplantargetallocationpercentageofassetsdebtsecurity
0.7
CY2014 kmt Definedbenefitplantargetallocationpercentageofassetsequitysecurity
Definedbenefitplantargetallocationpercentageofassetsequitysecurity
0.3
CY2014 kmt Definedbenefitplantargetallocationpercentageofassetsotherassets
Definedbenefitplantargetallocationpercentageofassetsotherassets
0
CY2013Q2 kmt Derivatives Designated As Hedging Instrument Fair Value
DerivativesDesignatedAsHedgingInstrumentFairValue
205000 USD
CY2014Q2 kmt Derivatives Designated As Hedging Instrument Fair Value
DerivativesDesignatedAsHedgingInstrumentFairValue
220000 USD
CY2014Q2 kmt Derivatives Not Designated As Hedging Instrument Fair Value
DerivativesNotDesignatedAsHedgingInstrumentFairValue
-1020000 USD
CY2013Q2 kmt Derivatives Not Designated As Hedging Instrument Fair Value
DerivativesNotDesignatedAsHedgingInstrumentFairValue
40000 USD
CY2014 kmt Dividend Reinvestment And Employee Benefit And Stock Plans
DividendReinvestmentAndEmployeeBenefitAndStockPlans
26676000 USD
CY2014Q2 kmt Finite And Infinite Lived Intangible Assets Gross
FiniteAndInfiniteLivedIntangibleAssetsGross
482421000 USD
CY2013Q2 kmt Finite And Infinite Lived Intangible Assets Gross
FiniteAndInfiniteLivedIntangibleAssetsGross
334205000 USD
CY2013 kmt Income Tax Reconciliation Change In Valuation Allowance And Other Uncertain Tax Positions
IncomeTaxReconciliationChangeInValuationAllowanceAndOtherUncertainTaxPositions
-4550000 USD
CY2014 kmt Income Tax Reconciliation Change In Valuation Allowance And Other Uncertain Tax Positions
IncomeTaxReconciliationChangeInValuationAllowanceAndOtherUncertainTaxPositions
-2603000 USD
CY2012 kmt Income Tax Reconciliation Change In Valuation Allowance And Other Uncertain Tax Positions
IncomeTaxReconciliationChangeInValuationAllowanceAndOtherUncertainTaxPositions
-16243000 USD
CY2014 kmt Income Tax Reconciliation Other Valuation Allowance Adjustments
IncomeTaxReconciliationOtherValuationAllowanceAdjustments
2300000 USD
CY2013 kmt Increase Decrease In Intangible Assets Due To Foreign Currency Translation Adjustments
IncreaseDecreaseInIntangibleAssetsDueToForeignCurrencyTranslationAdjustments
-200000 USD
CY2014 kmt Increase Decrease In Intangible Assets Due To Foreign Currency Translation Adjustments
IncreaseDecreaseInIntangibleAssetsDueToForeignCurrencyTranslationAdjustments
3000000 USD
CY2013Q2 kmt Land And Buildings Gross
LandAndBuildingsGross
381215000 USD
CY2014Q2 kmt Land And Buildings Gross
LandAndBuildingsGross
437783000 USD
CY2014Q2 kmt Long Term Debt And Capital Lease Obligations Current And Non Current
LongTermDebtAndCapitalLeaseObligationsCurrentAndNonCurrent
989328000 USD
CY2013Q2 kmt Long Term Debt And Capital Lease Obligations Current And Non Current
LongTermDebtAndCapitalLeaseObligationsCurrentAndNonCurrent
707364000 USD
CY2014 kmt Maximum Period Of Achievement Of Performance Goals To Earn Performance Units
MaximumPeriodOfAchievementOfPerformanceGoalsToEarnPerformanceUnits
P3Y
CY2014Q2 kmt Net Book Value Portion Infrastructure Segment
NetBookValuePortionInfrastructureSegment
39000000 USD
CY2014 kmt Operations In Number Of Global Business Unit
OperationsInNumberOfGlobalBusinessUnit
2 Segment
CY2013 kmt Payments For Derivative Hedging Instrument Upon Settlement
PaymentsForDerivativeHedgingInstrumentUponSettlement
0 USD
CY2012 kmt Payments For Derivative Hedging Instrument Upon Settlement
PaymentsForDerivativeHedgingInstrumentUponSettlement
22406000 USD
CY2014 kmt Payments For Derivative Hedging Instrument Upon Settlement
PaymentsForDerivativeHedgingInstrumentUponSettlement
0 USD
CY2012Q1 kmt Payments For Derivative Hedging Instrument Upon Settlement
PaymentsForDerivativeHedgingInstrumentUponSettlement
22400000 USD
CY2014 kmt Reconciliation Of Income Taxes Change In Indefinite Reinvestment Assertion
ReconciliationOfIncomeTaxesChangeInIndefiniteReinvestmentAssertion
7170000 USD
CY2014 kmt Restructuring And Asset Impairment Charges
RestructuringAndAssetImpairmentCharges
17608000 USD
CY2012 kmt Restructuring And Asset Impairment Charges
RestructuringAndAssetImpairmentCharges
0 USD
CY2013 kmt Restructuring And Asset Impairment Charges
RestructuringAndAssetImpairmentCharges
0 USD
CY2014 kmt Restructuring Charges Non Cash Item
RestructuringChargesNonCashItem
3408000 USD
CY2013Q2 kmt Restructuring Charges Non Cash Item
RestructuringChargesNonCashItem
0 USD
CY2012 kmt Restructuring Charges Non Cash Item
RestructuringChargesNonCashItem
0 USD
CY2014 kmt Restructuring Charges Related To Inventory Disposals
RestructuringChargesRelatedToInventoryDisposals
200000 USD
CY2014 kmt Restructuring Related Charges Recorded In Cost Of Goods Sold
RestructuringRelatedChargesRecordedInCostOfGoodsSold
1200000 USD
CY2014 kmt Restructuring Related Charges Recorded In Operating Expenses
RestructuringRelatedChargesRecordedInOperatingExpenses
100000 USD
CY2014 kmt Sales To Single Customer Did Not Aggretage More Than
SalesToSingleCustomerDidNotAggretageMoreThan
0.04
CY2014Q2 kmt Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableAggregateIntrinsicValue
22549000 USD
CY2014 kmt Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Remaining Life
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingLife
P4Y5M11D
CY2014 kmt Share Based Compensation Arrangement By Share Based Payment Award Options Exercised In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageExercisePrice
26.16
CY2014 kmt Share Based Compensation Arrangement By Share Based Payment Award Options Granted Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedWeightedAverageExercisePrice
45.22
CY2014 kmt Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Life
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingLife
P5Y7M24D
CY2009Q1 kmt Terminated Interest Rate Swap Contracts
TerminatedInterestRateSwapContracts
200000000 USD
CY2014 kmt Termination Of Warranty
TerminationOfWarranty
30
CY2012 kmt Unrecognized Tax Benefits Penalty Through Goodwill In Income Taxes Expense
UnrecognizedTaxBenefitsPenaltyThroughGoodwillInIncomeTaxesExpense
300000 USD
CY2012 kmt Unrecognized Tax Benefits Reduction In Interest On Income Taxes Expense
UnrecognizedTaxBenefitsReductionInInterestOnIncomeTaxesExpense
900000 USD
CY2013 kmt Unrecognized Tax Benefits Reduction In Interest On Income Taxes Expense
UnrecognizedTaxBenefitsReductionInInterestOnIncomeTaxesExpense
1900000 USD
CY2014Q2 kmt Unrecognized Tax Benefits Resulting In Net Operating Loss Carryforward Expiring Year Fifteen Through Twenty
UnrecognizedTaxBenefitsResultingInNetOperatingLossCarryforwardExpiringYearFifteenThroughTwenty
100000 USD
CY2014Q2 kmt Unrecognized Tax Benefits Resulting In Net Operating Loss Carryforward Expiring Year Five Through Ten
UnrecognizedTaxBenefitsResultingInNetOperatingLossCarryforwardExpiringYearFiveThroughTen
11300000 USD
CY2014Q2 kmt Unrecognized Tax Benefits Resulting In Net Operating Loss Carryforward Expiring Year One Through Five
UnrecognizedTaxBenefitsResultingInNetOperatingLossCarryforwardExpiringYearOneThroughFive
4400000 USD
CY2014Q2 kmt Unrecognized Tax Benefits Resulting In Net Operating Loss Carryforward Expiring Year Ten Through Fifteen
UnrecognizedTaxBenefitsResultingInNetOperatingLossCarryforwardExpiringYearTenThroughFifteen
2000000 USD
CY2014Q2 kmt Unrecognized Tax Benefits Resulting In Net Operating Loss Carryforward That Do Not Expire
UnrecognizedTaxBenefitsResultingInNetOperatingLossCarryforwardThatDoNotExpire
35000000 USD
CY2013 kmt Valuation Allowances And Reserves Reserves Foreign Currency Translation Adjustment
ValuationAllowancesAndReservesReservesForeignCurrencyTranslationAdjustment
-2600000 USD
CY2014Q2 kmt Unremitted Earnings Of Foreign Subsidiaries And Affiliates
UnremittedEarningsOfForeignSubsidiariesAndAffiliates
2427100000 USD
CY2013 kmt Us Income Tax Provided On International Income
UsIncomeTaxProvidedOnInternationalIncome
3067000 USD
CY2012 kmt Us Income Tax Provided On International Income
UsIncomeTaxProvidedOnInternationalIncome
8164000 USD
CY2014 kmt Us Income Tax Provided On International Income
UsIncomeTaxProvidedOnInternationalIncome
2423000 USD
CY2014 kmt Valuation Allowances And Reserves Reserves Foreign Currency Translation Adjustment
ValuationAllowancesAndReservesReservesForeignCurrencyTranslationAdjustment
-300000 USD
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0000055242
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
78681423 shares
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q4 dei Entity Public Float
EntityPublicFloat
3126500000 USD
CY2014 dei Entity Registrant Name
EntityRegistrantName
KENNAMETAL INC
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

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